BiyaPay Analyst: US August Non-Farm Payrolls Data Disappointing, Bitcoin Weekly Chart Shows Weakness, Possible Support at $93,000

By: theblockbeats.news|2025/09/06 18:52:24

0

Share

copy

BlockBeats News, September 6th: On the evening of September 5th, the U.S. Bureau of Labor Statistics announced that only 22,000 non-farm jobs were added in August, far below the market's expectation of 75,000. The unemployment rate rose to 4.3%, hitting a new high since the end of 2021.

The weak employment data has triggered a decline in the U.S. dollar and an increase in gold prices, causing volatility in the short-term trend of Bitcoin. Looking at the latest Bitcoin candlestick chart, BTC's weekly chart is showing a clear downturn trend, closing below key support levels for several weeks in a row. The short-term moving averages are trending downward, with a clear bearish crossover in the MACD, indicating a weakening bullish momentum. From a technical perspective, if Bitcoin fails to hold above the $100,000 psychological level, the immediate support below may first test the $96,000–$98,000 range. Further breakdown could extend to around $93,000. Intraday trading is highly volatile, and investors need to be cautious of the risk of short-term pullbacks.

BiyaPay reminds users that in an environment where macroeconomic data overlaps with crypto market volatility, flexible asset allocation is especially important. BiyaPay's multi-asset trading wallet continues to provide you with one-stop services such as global remittances, cryptocurrency trading, and U.S.-Hong Kong stock investments, helping you seize opportunities in turbulent markets and achieve asset appreciation.

You may also like

Dune Stablecoin Research: The Flow and Demand of a $300 Billion Market

Dune Stablecoin Research: The Flow and Demand of a $300 Billion Market

In the dataset, transfers are no longer simply labeled as pure "transaction volume," but are classified as different on-chain activities. This is the difference between "just knowing that $100 trillion has been transferred" and "understanding why it was transferred."

Stripe Annual Letter: New cognitive density is extremely high, especially the 5-level model of "AI + Payments"

Stripe Annual Letter: New cognitive density is extremely high, especially the 5-level model of "AI + Payments"

Every trend here is affecting everyone's future survival.

Sam Altman's Twenty-Four Hours: The Pentagon said "no" twice, but only one was serious

Sam Altman's Twenty-Four Hours: The Pentagon said "no" twice, but only one was serious

In Silicon Valley, Altman's sub-12-hour move has a name. It's not called backstabbing, it's called timing.

The US-Iran Conflict Spreads to the Crypto Space: What to Expect in the Market on Monday

The US-Iran Conflict Spreads to the Crypto Space: What to Expect in the Market on Monday

The most important industry in the crypto world, only 300 kilometers away from the missile's impact point

Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?

Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?

The interest of the younger generation is shifting from cryptocurrency to the field of artificial intelligence, which coincides with the current phenomenon in the cryptocurrency industry.

The little deer live by the water and grass

The little deer live by the water and grass

Mining companies have never been the most devout believers in Bitcoin. Under the pressures of halving compressing profits, financial reports showing revenue growth without profit increase, and coin prices falling below mining costs, the industry is collectively de-risking.

The world belongs to Chinese people who speak English

The world belongs to Chinese people who speak English

The world is vast, and only playing half of it is truly a loss.

Why Stop at 126K? Michael Saylor Breaks Down BTC Stagnation and Retail Absence Truth

Why Stop at 126K? Michael Saylor Breaks Down BTC Stagnation and Retail Absence Truth

Bitcoin is digital capital, and I will spend a thousand hours explaining it to you. Eventually, you will understand, but you will still have to endure a 45% crash.

Virtuals Protocol's inaugural Titan project: ROBO aims to give a wallet to a robot

Virtuals Protocol's inaugural Titan project: ROBO aims to give a wallet to a robot

This is a key step in Virtuals expanding the Agent Economy into the Embodied AI and Robotics field.

Stablecoin Latest Report: Actual Distribution and Circulation Much More Notable Than Supply

Stablecoin Latest Report: Actual Distribution and Circulation Much More Notable Than Supply

The Truth about Stablecoin Circulation Speed, Concentration, and Structure After Doubling the Supply

Paradigm's New Arithmetic: When Crypto Can't Hold 12.7 Billion, AI Becomes the Answer

Paradigm's New Arithmetic: When Crypto Can't Hold 12.7 Billion, AI Becomes the Answer

It took Paradigm three years to emerge from the ruins of FTX.

Wintermute Founder: In the Lost Cryptocurrency Market, What Can We Still Do?

Wintermute Founder: In the Lost Cryptocurrency Market, What Can We Still Do?

This is more like a manifesto, discussing "the very reason we are here."

$1.3 Billion Debt: BitDeer Faces Tough Battle

$1.3 Billion Debt: BitDeer Faces Tough Battle

Wu Jihan is waiting for AI's money to catch up with the speed of debt.

Anthropic's IPO Gamble: At the Most Unlikely Moment, It Chose to Say No

Anthropic's IPO Gamble: At the Most Unlikely Moment, It Chose to Say No

In the AI Era, what is the most valuable thing?

Paradigm's Math Problem: $12.7 Billion, Too Big for a Single Crypto Fund

Paradigm's Math Problem: $12.7 Billion, Too Big for a Single Crypto Fund

Emerging from the ruins of FTX, Paradigm took three years

Ethereum Unveils Scaling Roadmap, What's Different This Time?

Ethereum Unveils Scaling Roadmap, What's Different This Time?

Short-term improvements to execution efficiency through the Gas mechanism optimization and block validation parallelization, and long-term scalability through ZK-EVM and blobs data architecture.

Anthropic Ban Wave, OpenAI $100 Billion Funding Controversy: What Is the Overseas Crypto Community Talking About Today?

Anthropic Ban Wave, OpenAI $100 Billion Funding Controversy: What Is the Overseas Crypto Community Talking About Today?

What Have Foreigners Been Most Interested in Over the Last 24 Hours?

Morning News | OpenAI receives $110 billion investment; Solana launches Solana Payments; M0, MoonPay, and PayPal jointly launch PYUSDx

Morning News | OpenAI receives $110 billion investment; Solana launches Solana Payments; M0, MoonPay, and PayPal jointly launch PYUSDx

Overview of Important Market Events on February 27

Dune Stablecoin Research: The Flow and Demand of a $300 Billion Market

In the dataset, transfers are no longer simply labeled as pure "transaction volume," but are classified as different on-chain activities. This is the difference between "just knowing that $100 trillion has been transferred" and "understanding why it was transferred."

Stripe Annual Letter: New cognitive density is extremely high, especially the 5-level model of "AI + Payments"

Every trend here is affecting everyone's future survival.

Sam Altman's Twenty-Four Hours: The Pentagon said "no" twice, but only one was serious

In Silicon Valley, Altman's sub-12-hour move has a name. It's not called backstabbing, it's called timing.

The US-Iran Conflict Spreads to the Crypto Space: What to Expect in the Market on Monday

The most important industry in the crypto world, only 300 kilometers away from the missile's impact point

Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?

The interest of the younger generation is shifting from cryptocurrency to the field of artificial intelligence, which coincides with the current phenomenon in the cryptocurrency industry.

The little deer live by the water and grass

Mining companies have never been the most devout believers in Bitcoin. Under the pressures of halving compressing profits, financial reports showing revenue growth without profit increase, and coin prices falling below mining costs, the industry is collectively de-risking.

Popular coins

Latest Crypto News

02:43

Data: If BTC falls below $61,952, the cumulative long liquidation intensity on major CEXs will reach $1.216 billion

According to Coinglass data, if BTC falls below $61,952, the cumulative long liquidation intensity on major CEXs will reach $1.216 billion. Conversely, if BTC breaks above $68,392, the cumulative short liquidation intensity on major CEXs will reach $978 million.

02:43

Data: If ETH falls below $1,809, the cumulative long liquidation intensity on major CEXs will reach $791 million

According to Coinglass data, if ETH falls below $1,809, the cumulative long liquidation intensity on major CEXs will reach $791 million. Conversely, if ETH breaks above $1,998, the cumulative short liquidation intensity on major CEXs will reach $746 million.

00:43

Market news: Russia considers suspending peace talks unless Ukraine gives up some territory

According to market news, Russia is considering suspending peace talks unless Ukraine relinquishes some territory.

00:43

Data: A Polymarket user bet that the U.S. would not strike Iran, and after making over $2 million in profit in two months, suffered a single-day loss of $6.5 million

According to monitoring by Lookonchain, Polymarket user anoin123 had previously continued to bet that the U.S./Israel would not strike Iran, accumulating profits of over $2 million within two months.However, after the strike event occurred, anoin123 suffered a single-day loss of $6.5 million, turnin...

00:43

On-chain gold captures black swan events during traditional market closures, highlighting the advantages of blockchain

Due to the全面升级 of the US-Iran conflict, on-chain gold prices represented by PAXG and XAUT have surged dramatically. Among them, PAXG reached a high of $5,600, with a daily trading volume exceeding $1 billion, fully reflecting investors' demand for gold trading during black swan events. In contrast, ...